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Getting yourself an actuarial role

Want to include your business in our
actuarial careers guide?

Thousands of people qualify to become
an actuary under the IFoA's exams.
Email us now, to include your business
in our 2019/2020 guide.

Our Actuarial Careers Guide showcases some of the businesses you could work for as an actuarial professional. You can read about businesses and the young people who work for them to get the inside track on what life as an actuary or actuarial analyst really looks like. It’s challenging, varied and rewarding. Download the actuarial careers guide

Advantages of graduate trainee positions

A graduate trainee position will enable you to gain relevant experience whilst studying for our exams.

Whilst you can take the exams independently, there are definite advantages to gaining a trainee position.

Your employer is likely to:

  • fund your membership and exam fees
  • allow you study days
  • enable you to earn whilst studying
  • provide you with on the job experience around elements of the exam material which will help you work towards your IFoA qualification.

Whilst you're looking for a graduate position, you should think about the opportunities available for self development through the pursuit of a hobby, by joining a club or society, or by volunteering. Employers will be looking for soft skills, such as communication skills, leadership and teamwork, as much as for academic qualifications and technical skills, and these will all be taken into account when you start to apply for traineeships.

What do actuaries and analysts do?

Actuaries and analysts are people who have turned their love of numbers into a rewarding and challenging career. They are business professionals who assess the financial impact of risk and uncertainty. They have a deep understanding of finance and business and model the world around them, evaluating the likely impact of future events.

Their advice is essential to many industries, including banking and investments, insurance, healthcare and pensions, where a single decision can have a major financial impact or affect the lives of hundreds of thousands of people. It’s a vital role with a lot of responsibility. That’s why actuaries and analysts are so highly regarded, sought after and rewarded.

Our careers' ambassadors regularly blog for us about what it is like to be an actuary.

View our careers blog section to read about their experience.

Actuarial careers directory: featured companies

Thousands of people qualify to be an actuary with the Institute and Faculty of Actuaries. A large number of financial services organisations see our directory is a key touchpoint in their actuarial graduate recruitment strategy. Email us to find out more. 

 Aviva            Axa               Anon         APR

 

   EY  First actuarial            Government Actuary's Department           Hiscox
 

LLoyds Bank      LCP           KPMG               Legal and General

   

   

       Grant Thornton  Hymans and Robertson     Canada Life
 

 

                                   

  MARSH              MERCER         Milliman

 

 

 NFU Mutual           Pacific Life RE             Barnett Waddingham

 

 

  Redington         River and Mercantile Group       Esure   

 

 

Willis Towers Watson                Zurich         Unum      Just

 

Contact Details

You can contact the Careers team at:

careers@actuaries.org.uk

Institute and Faculty of Actuaries, 7th Floor Holborn Gate, 326-330 High Holborn, London WC1V 7PP

We aim to respond to all enquiries within five working days.

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Events calendar

  • Autumn Lecture 2020: Professor Elroy Dimson

    Online webinar
    14 October 2020

    Spaces available

    Many individuals and institutions have a long-term focus, and invest funds for the benefit of future generations. Their strategy should reflect their long horizon. University endowments are one of the oldest classes of institutional investor, and I will present the first study of the management of these endowments over the very long term.

  • GIRO Conference 2020 Webinar Series

    Available to watch globally in November.
    02-13 November 2020
    Spaces available

    This year's GIRO has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the general insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's GI Online Learning Resource area.

  • Life Conference 2020 Webinar Series

    Online
    16 November 2020 - 27 November 2020

    Spaces available

    This year's Life Conference has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the life insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's website.

  • Spaces available

    The webinar will discuss the challenges and opportunities schemes face in evaluating end game options, choosing a target state and understanding the impact this strategic decision could have on member outcomes long after the “end state” is reached. Adolfo, Kevin and Rhian bring over 60 years of experience in the industry and a variety of perspectives as scheme actuary, covenant adviser, trustee, de-risking adviser and insurer.

  • Spaces available

    Cash-flow driven investing is a game-changer for DB pension funds navigating their end-game. Suitable for sponsors who want to reduce risks on their balance sheets. And for trustees, it shifts the focus to providing greater certainty of returns, managing funding level volatility and ensuring they have enough income to pay cash-flow requirements.

  • Spaces available

    The talk will provide an understanding of the priorities and relationships between deficit reduction contributions, in the context of wider scheme funding, and different types of value outflow from the employer based on the working party’s recently published report.